Tag: Primary

PT Mahkota Group (MGRO), a company engaged in the palm oil agroindustry, is embarking on the Integrated Sustainable Agro Industry program, a flagship project that will provide a new source of income for the company’s business continuity. This innovative industrial model combines sustainability, energy efficiency, renewable energy, and zero carbon emissions. […]

ExxonMobil Cepu Limited (EMCL) commenced drilling the B-13 well on Saturday, April 27, 2024,marking the drilling of the first well in the Banyu Urip Infill Clastic project in the Cepu Block, Bojonegoro, East Java. […]

PT Freeport Indonesia (PTFI) continues to develop its long-term underground mining, namely the Kucing Liar deposit located in the Grasberg district, Central Papua. […]

The Indonesian Association of Geologists (IAGI) has identified the Madura Strait oil field, also known as the Madura Straits PSC, as still prospective for further exploration. […]

Reports from global consulting, business intelligence and investment firms − Bain & Company, GenZero, Standard Chartered, and Temasek − have identified 13 most potential decarbonization investments in Southeast Asia, amounting to US$150 billion (Rp2.434 trillion). […]

The Indonesian government is partnering with China and Singapore to encourage investors from both countries to invest in seaweed development projects in Indonesia. […]

J Resources Asia Pasifik (PSAB) has uncovered a promising gold prospect within the operational area of its subsidiary, PT J Resources Bolaang Mongondow (JRBM), in North Sulawesi. […]

SCG, the largest cement and building materials company in Southeast Asia, has boosted the utilization of industrial waste as fuel and alternative raw materials at its Indonesian subsidiary, PT Semen Jawa.  […]

PT Harum Energy (HRUM) is about to release a maximum of 49 percent of its shares in subsidiaries in the nickel business, PT Harum Nickel Perkasa (HNP) and PT Tanito Harum Nickel (THN), to Chinese stainless steel smelting giant Eternal Tsingshan Group. […]

The Upstream Oil and Gas Regulatory Task Force (SKK Migas) has confirmed that the shortfall in oil and gas lifting throughout the first quarter of 2024 was due to floods and low gas demand from downstream industries.  […]

PT Pertamina Hulu Energi (PHE) is refining the development scenarios for the GQX oil prospect, which is part of the Offshore North West Java (ONWJ) Block.  […]

World crude oil prices have risen following Israel’s attack on Iran and subsequent Iran’s counterattack on Israel, with the Brent crude futures being pushed to trade above US$90 after closing 1.1 percent higher on April 10, 2024, while the West Texas Intermediate (WTI) prices approached US$86. […]

PT Bukit Makmur Mandiri Utama (BUMA) has set up a contract with Blackwater Operations Pty Ltd, a subsidiary of Whitehaven Coal Mining Limited, to provide pre-strip mining services at Blackwater mine, a metallurgical coal mine in Australia. […]

Minister of Investment /Head of Investment Coordinating Board, Bahlil Lahadalia, said his ministry is verifying the governance of PT Vale Indonesia ‘s investment before granting the special mining business permit for the company. […]

National coal production this year has reached 195.74 million tons as of Idul Fitri, data from the Minerba One Data Indonesia (MODI) website of the Ministry of Energy and Mineral Resources (ESDM) revealed on Saturday, April 13, 2024. […]

Minister of Investment /Head of Investment Coordinating Board. Bahlil Lahadalia, has confirmed that the government would grantpermit extension for PT Freeport Indonesia in June 2024.  […]

Bahlil Lahadalia, the Minister of Investment and Head of the Indonesia Investment Coordinating Board (BKPM), has disclosed details regarding contract extension of PT Vale Indonesia’s (INCO), expecting it to be completed after Idul Fitri.  […]

State-owned tin mining giant PT Timah is gearing up to launch two strategic programs this year, with a focus on downstream development and harnessing the potential of rare earth metals − byproducts of tin mining. […]

PT Merdeka Copper Gold (MDKA) has recorded a significant increase in indicated resources of 755 million tons at the Tembaga Tujuh Bukit Project located in Banyuwangi, East Java. This figure marks an increase of over 300 million tons or 71 percent from the previously recorded indicated resources of 442 million tons. […]

PT Amman Mineral Internasional (AMMN) is poised to revolutionize Indonesia’s mining landscape with its ambitious infrastructure development initiatives. The company’s relentless pursuit of excellence is exemplified by its expedited construction of a gas-fired power plant (PLTG) to support the commissioning of a copper smelter project and precious metal refining (PMR). […]

PT Amman Mineral Internasional Tbk. (AMMN) has set the Indonesian mining industry abuzz with its recent revelation regarding the Elang Deposit, which boasts an astounding 1.4 billion tons of mineral reserves. […]

President Jokowi met with officials from PT Freeport in Jakarta on Thursday, March 28, 2024. Those present were CEO of Freeport Mc Moran Inc Richard Adkerson, President Director of PT Freeport Indonesia Tony Wenas, and Board of Commissioners of PT Freeport Indonesia Kathleen Quirk. […]

The Bangka Belitung provincial administration seeks expedited approval for community mining permits (IPR) from tin mining blocks that have recently been designated as areas for community mining (WPR) amid the decline in tin exports from the province in the last three months. […]

A senior government official has revealed that a renewed auction on eight mineral and coal mining blocks will be held next week.  […]

Indonesia is nearing the completion of a Smelter Grade Alumina Refinery (SGAR) facility in Mempawah Regency, West Kalimantan. The SGAR plant is owned by PT Aneka Tambang  (ANTM) and PT Indonesia Asahan Aluminium (Inalum). […]

State-owned nickel and gold mining firm PT Aneka Tambang (ANTM) targets the construction of an industrial park for battery ecosystem development to be realized in 2025. The industrial park referred to includes nickel smelters with high-pressure acid leaching (HPAL) and rotary kiln electric furnace (RKEF) technologies. […]

PT RMK Energy (RMKE) through its subsidiary PT Royaltama Multi Komoditi Nusantara (RMKN) has established a collaboration with PT Atlas Resource (ARII) through its subsidiary PT Gorby Putra Utama (GPU) on coal trading with an operational cooperation (KSO) and offtake mechanism. […]

The Ministry of Industry is actively promoting the development of downstream aluminum industries, despite minimal investment interest and production expansion from existing smelters. […]